Waec Model Questions Vol1 2021 Financial Accounting Question 33
Practice objective / multiple choice question 33 from the 2021 Waec Model Questions Vol1 Financial Accounting examination.
In a trial balance the total of debit balances is ₦2,350,000 and the total of credit balances is ₦2,300,000. The difference is due to the Sales Returns account being mistakenly posted on the credit side instead of the debit side. What should be the correct debit balance of the Sales Returns account to make the trial balance balance?
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About This Question
This is Waec Model Questions Vol1 2021 Financial Accounting Question 33. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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